Just saw the group chatting about “re-staking yield stacking like a tower game.” I glanced at the cat—it’s using its paw to slap the screen at a cat image that says, “You think you’re stacking returns, but actually you’re stacking illusions.” I can’t stop laughing.

Honestly, with funding rates so extreme lately, in the group it’s either people shouting “reversal” or shouting “keep squeezing the bubble,” and I can’t be bothered to guess the top. Anyway, I’ll just watch which way on-chain whales move their funds, and also keep an eye on when sentiment indicators get overheated to the point of being ridiculous. As for this re-staking thing—“shared security” sounds pretty, but don’t turn stacking yields into stacking risk like a matryoshka doll. My take is the same as the cat’s: stay steady first—don’t panic.

(The cat image has been sent—stay calm.)